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Lakeland Bancorp (Lakeland Bancorp) Dividend Yield %

: 4.60% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Lakeland Bancorp is 4.60%.

The historical rank and industry rank for Lakeland Bancorp's Dividend Yield % or its related term are showing as below:

LBAI' s Dividend Yield % Range Over the Past 10 Years
Min: 1.81   Med: 2.82   Max: 5.2
Current: 4.6

During the past 13 years, the highest Dividend Yield of Lakeland Bancorp was 5.20%. The lowest was 1.81%. And the median was 2.82%.

LBAI's Dividend Yield % is ranked better than
59.38% of 1199 companies
in the Banks industry
Industry Median: 3.99 vs LBAI: 4.60

Lakeland Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.48.

During the past 13 years, the highest Dividend Payout Ratio of Lakeland Bancorp was 0.45. The lowest was 0.28. And the median was 0.36.

As of today (2024-04-23), the Forward Dividend Yield % of Lakeland Bancorp is 4.60%.

Lakeland Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

During the past 12 months, Lakeland Bancorp's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lakeland Bancorp was 14.40% per year. The lowest was -18.10% per year. And the median was 6.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Lakeland Bancorp Dividend Yield % Historical Data

The historical data trend for Lakeland Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 3.94 2.79 3.20 3.92

Lakeland Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 4.33 4.60 3.92 4.79

Competitive Comparison

For the Banks - Regional subindustry, Lakeland Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakeland Bancorp Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Lakeland Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lakeland Bancorp's Dividend Yield % falls into.



Lakeland Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lakeland Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1452024-02-022024-02-052024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452023-11-032023-11-062023-11-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452023-08-042023-08-072023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452023-05-052023-05-082023-05-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lakeland Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.58/12.60
=4.60 %

Current Share Price is $12.60.
Lakeland Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.58.

Lakeland Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.58/12.60
=4.60 %

Current Share Price is $12.60.
Lakeland Bancorp's Dividends per Share for the forward twelve months is calculated as $0.145 * 4 = $0.58.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lakeland Bancorp  (NAS:LBAI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lakeland Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lakeland Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Bancorp (Lakeland Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.
Executives
Paul Ho-sing-loy officer: EVP Chief Information Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Mary Ann Deacon director LAKELAND BANK, 250 OAK RIDGE RD, OAK RIDGE NJ 07438
Brian Gragnolati director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Hanson James E. Ii director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Robert F Mangano director C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
John F Rath officer: EVP/Chief Loan Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
James M. Nigro officer: EVP Chief Risk Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Timothy J Matteson officer: EVP, CAO & General Counsel 1000 MACARTHUR BLVD., MAHWAH NJ 07430
Ellen Lalwani officer: EVP/Chief Banking Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Jr Splaine officer: EVP and CFO 101 JFK PARKWAY, SHORT HILLS NJ 07078
Janeth C Hendershot director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Nicholson Robert K Iii director
Bruce D. Bohuny director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Shara officer: President and CEO 92 FROST COURT, WYCOFF NJ 07481
Brian Flynn director 350 RODNEY ROAD, WYCOFF NJ 07481